Kava (KAVA) Price Reaches $0.28 on Major Exchanges

Kava (KAVA) traded 1.3% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on September 7th. One Kava token can now be purchased for $0.28 or 0.00000519 BTC on popular exchanges. Kava has a total market cap of $303.08 million and $6.87 million worth of Kava was traded on exchanges in the last day. During the last week, Kava has traded 8.6% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 2.7% higher against the dollar and now trades at $21.69 or 0.00040177 BTC.
• NEAR Protocol (NEAR) traded 3.5% higher against the dollar and now trades at $3.65 or 0.00006768 BTC.
• Internet Computer (ICP) traded up 0.6% against the dollar and now trades at $7.02 or 0.00012998 BTC.
• Cronos (CRO) traded up 2.4% against the dollar and now trades at $0.0759 or 0.00000141 BTC.
• Hedera (HBAR) traded 3.2% higher against the dollar and now trades at $0.0482 or 0.00000089 BTC.
• Cosmos (ATOM) traded 2.1% lower against the dollar and now trades at $3.66 or 0.00006776 BTC.
• Fetch.ai (FET) traded up 0.4% against the dollar and now trades at $1.06 or 0.00001962 BTC.
• Algorand (ALGO) traded up 5.2% against the dollar and now trades at $0.12 or 0.00000223 BTC.
• Akash Network (AKT) traded 1.9% higher against the dollar and now trades at $2.25 or 0.00004170 BTC.
• Theta Fuel (TFUEL) traded up 1.4% against the dollar and now trades at $0.0527 or 0.00000098 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,748 tokens. Kava’s official message board is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official website for Kava is www.kava.io.

According to CryptoCompare, “Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called “Hard Protocol” that enables users to borrow and lend cryptocurrencies.”

Buying and Selling Kava

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView